EUAs fell further on dropping fuels and supply concerns
The European power spot prices continued to rise yesterday amid forecast of warming temperatures strengthening the demand for cooling and weak renewable production. Prices climbed…
ICE Brent crude oil remained at 68.9 $/b, as the API survey showed a continued drop in US crude stocks while refined product stocks dipped by a combined 7 mb, highlighting the strength of the US refined product market. European refining runs were recorded at 8.6 mb/d in April, only above last year’s slump by 2.5%.
Get more analysis and data with our Premium subscription
Ask for a free trial here